Winnebago Shares Fall After Truist and BMO Cut Price Targets

Dow Jones

Mar 29, 2025

By Josh Beckerman

Winnebago Industries shares declined after Truist Securities and BMO Capital reduced their price targets.

The stock was 7% lower Friday at $34.95 and is down about 26% this year. Truist lowered its target to $50 from $58 while BMO decreased its target to $60 from $70.

The RV and boat maker said Thursday that revenue for the second quarter ended March 1 fell 12% to $620.2 million, reflecting a reduction in average selling price per unit related to product mix.

Winnebago revised full-year revenue guidance to $2.8 billion to $3 billion, compared with its previous outlook of $2.9 billion to $3.2 billion, citing "stubborn interest rates, inconsistent consumer sentiment, and dealers that continue to push inventory levels lower."

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

March 28, 2025 14:08 ET (18:08 GMT)

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Truist lowered its target to $50 from $58 while BMO decreased its target to $60 from $70. \n</p>\n<p>\n  The RV and boat maker said Thursday that revenue for the second quarter ended March 1 fell 12% to $620.2 million, reflecting a reduction in average selling price per unit related to product mix. \n</p>\n<p>\n  Winnebago revised full-year revenue guidance to $2.8 billion to $3 billion, compared with its previous outlook of $2.9 billion to $3.2 billion, citing \"stubborn interest rates, inconsistent consumer sentiment, and dealers that continue to push inventory levels lower.\" \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Josh Beckerman at josh.beckerman@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 28, 2025 14:08 ET (18:08 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WGO","symbol_name":"温尼巴格实业","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2523689271","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2523689271","pubTimestamp":1743185280,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Winnebago Industries shares declined after Truist Securities and BMO Capital reduced their price targets.The stock was 7% lower Friday at $34.95 and is down about 26% this year. 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Truist lowered its target to $50 from $58 while BMO decreased its target to $60 from $70. \n\n\n  The RV and boat maker said Thursday that revenue for the second quarter ended March 1 fell 12% to $620.2 million, reflecting a reduction in average selling price per unit related to product mix. \n\n\n  Winnebago revised full-year revenue guidance to $2.8 billion to $3 billion, compared with its previous outlook of $2.9 billion to $3.2 billion, citing \"stubborn interest rates, inconsistent consumer sentiment, and dealers that continue to push inventory levels lower.\" \n\n\n \n\n\n  Write to Josh Beckerman at josh.beckerman@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 28, 2025 14:08 ET (18:08 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}